Brief: Zip Co Ltd Says 1Q FY24 Achieves Positive Group Cash EBTDA

Zip Co

24/10/2023 02:52

Oct 24 (Reuters) - Zip Co Ltd  ZIP.AX :
    * 1Q FY24 ACHIEVES POSITIVE GROUP CASH EBTDA
    * REMAINS WELL FUNDED WITH SUFFICIENT AVAILABLE CASH AND
LIQUIDITY
TO SUPPORT COMPANY AS IT ACHIEVES POSITIVE GROUP CASH EBTDA FOR
FY24
    * QTRLY TRANSACTION VOLUME OF A$2.3B, UP 11.0% YOY
    * QUARTERLY REVENUE OF A$204.4MLN UP 31.9% YOY
    * CONTINUES TO EXPECT TO ACHIEVE POSITIVE GROUP CASH EBTDA
RESULT
FOR 2H24
    * ACTIVE CUSTOMER NUMBERS AT QUARTER END OF 6.1 MILLION

Source text for Eikon:  ID:nASXlp693 
Further company coverage:  ZIP.AX 

 ((Reuters.Briefs@thomsonreuters.com;))